EUR/USD holds near a two-month high as US-Iran developments swing oil prices and pressure the dollar.

Higher highs and higher lows form the structural signature confirming a genuine forex uptrend remains intact.

Market structure is built from the sequence of swing highs and lows, revealing trend direction and turning points.

Retracement is a temporary pause within a trend, while reversal marks a genuine change in trend direction.

Pullback trading enters in the direction of a trend during a temporary counter-trend retracement for better pricing.

A false breakout briefly pushes past a key level before reversing, trapping traders expecting continued momentum.

Breakout trading enters positions as price decisively moves beyond a support or resistance level to capture momentum.

Dynamic support and resistance shift with price, typically formed by moving averages or trendlines.

US producer prices rose less than expected in July, pressuring the dollar and boosting bets on a Federal Reserve rate cut.

Horizontal support and resistance are fixed price levels formed at prior highs, lows, and round numbers.